In theory, a stock’s price is not that important.
It’s true that the stock’s price depends (to a
degree) on the company’s performance, its value
correlates with both the company’s success and
the number of issued shares. Because of the
second factor, a big and successful company’s
shares can have a lower price.
There’s something compelling about collecting
cheaper shares. First of all, it’s easier to buy a
round-number lot when it doesn’t break the bank.
Secondly, there’s actually evidence that such
shares have a tendency to perform better than
their higher-priced counterparts.
So, check out these great stocks under $10
worth of adding to your portfolio!
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